WTO preliminary ruling bar to drink bad Zaixi China Rare Earth Industry

In the industry generally believe that China's rare earth industry is about to bottom out on the occasion , bad struck again . Recently, some media reported that in the U.S., EU and Japan jointly sued China " undue restrictions on exports of rare earths " issue , WTO dispute mechanism summary of the " Interim Report of the United States and Japan generally considered reasonable demands ." Report and pointed out: " In late November will introduce the final report is not expected to overturn the judgment , the United States , Japan and Europe may favor on this issue . "

"The Middle East has oil , China has rare earths " , China was once rare to meet 90% of global market demand. Therefore, the Chinese government carried out on the rare earth export quota restrictions will naturally America, Europe and the developed economies uneasy. If the United States and Europe on this issue in favor of the Chinese export quotas will have to make concessions on the issue , and thus the earth tariffs, quotas fully liberalized , rare earth prices is likely to return to this "cabbage price ." Insiders told the South are reporters said , the results with China 's rare earth industry is currently undergoing consolidation, as well as China 's resource strategy is contrary . Therefore, the Chinese government is bound to appeal on this issue , the game is likely to be the result of both sides to compromise .


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